News
Corn and wheat futures posted solid corrective gains overnight, while soybeans built on Thursday’s modest gains.
Corn and soybean basis continues to weaken as early harvest begins.
Soybeans fall to three-week low on crude oil plunge, demand concerns; corn lower, SRW posts eight-week high.
The latest ENSO forecast model runs by the U.S. National Oceanic and Atmospheric Administration (NOAA) suggested that La Nina may last longer than previously suggested.
CHIPS Act limits U.S. tech footprint in China, Russia balks at Ukrainian export deal and China’s trade surplus drops to historic low...
China’s exports in August show sharp slowdown from July, weakest expansion since April
Wheat futures surge to five-week high on concern over Ukraine supplies; corn and soybeans also firmer.
Wheat futures surged overnight amid news Russia is rethinking the Ukraine grain export deal. Corn and soybeans followed wheat to the upside.
The CCI rating has dropped for eight straight weeks for corn; five consecutive weekly declines for soybeans.
Soybean futures lower on favorable Midwest weather, Argentina supplies; corn firmer, wheat mixed.
Sep. 1 marks the calendar for a new marketing year. Corn and soybean inspections make a notable start; ahead of last year.